North Baltimore Aquatic Club Inc

Organization Overview

North Baltimore Aquatic Club Inc is located in Towson, MD. The organization was established in 1973. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. As of 08/2022, North Baltimore Aquatic Club Inc employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Baltimore Aquatic Club Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2022, North Baltimore Aquatic Club Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $1.1m during the year ending 08/2022. While expenses have increased by 2.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE NORTH BALTIMORE AQUATIC CLUB LEADS THE NATION IN COMPETITIVE SWIMMING. OUR DILIGENTLY DESIGNED, PROFESSIONALLY COACHED AND INTERNATIONALLY RENOWNED PROGRAM ENCOURAGES THE DEVELOPMENT OF CHARACTER AND SELF-DISCIPLINE. THESE QUALITIES, FORGED BY THE COMBINATION OF CREATIVE IMAGINATION AND HARD WORK, FOCUS OUR ATHLETES ON THE DISCIPLINED PURSUIT OF EXCELLENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING COMPETITIVE SWIMMING INSTRUCTION AND OPPORTUNITIES FOR SWIMMERS AGE 6 TO 30 YEARS; PROVIDING SWIM LESSONS FOR THE COMMUNITY; AND REACHING A LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL LEVEL OF EXCELLENCE IN THE SWIMMING COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas Himes
Ceo/head Coach
$106,319
Kevin Botsford
President
$0
Barry Offutt
Treasurer (part Year)
$0
John Kelly Dayton
Treasurer
$0
Julia Gorman
Member At Large
$0
Lauren Mccomas
Member At Large
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $140,862
All other contributions, gifts, grants, and similar amounts not included above$49,267
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$190,129
Total Program Service Revenue$1,018,435
Investment income $1,601
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$3,328
Miscellaneous Revenue$0
Total Revenue $1,206,837

Grants Recieved

Over the last fiscal year, we have identified 4 grants that North Baltimore Aquatic Club Inc has recieved totaling $8,687.

Awarding OrganizationAmount
Baltimore Community Foundation Inc

Baltimore, MD

PURPOSE: GENERAL SUPPORT AND VARIOUS PROJECTS

$6,354
Verizon Foundation

Basking Ridge, NJ

PURPOSE: VIP PAYOUT FOR 09/08/21

$1,500
Verizon Foundation

Basking Ridge, NJ

PURPOSE: VIP PAYOUT FOR 02/04/21

$750
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$83
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$152,769
Earnings-$21,314
Admin Expense$756
Ending Balance$130,699

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